Ninth Circuit Expands Reach of Dodd-Frank Anti-Retaliation Protections

    View Author March 2017

    Adding to an existing split among the federal appeals courts, the US Court of Appeals for the Ninth Circuit ruled on March 8, 2017 that employees who make internal reports about suspected violations of the federal securities laws and other anti-fraud statutes are covered by the “whistleblower” protections of the Dodd-Frank Act (Dodd-Frank), even if they never report the suspected violations to the Securities and Exchange Commission (SEC or Commission). This alert contains key information for employers to be aware of regarding this decision.